Unemployment Benefits Hurt Work Incentives
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Generous government incentives hurt the incentive for workers to leave unemployment and find jobs. Many in Spain turned to the black to make extra income while still receiving unemployment benefits. This policy has the affect of increasing government debt while slowing down growth, because workers choose to no fill for new jobs. …
SWOT Analysis Survey
SWOT Weakness: Unemployment Benefits Hurt Work Incentives
Generous government incentives hurt the incentive for workers to leave unemployment and find jobs. Many in Spain turned to the black to make extra income while still receiving unemployment benefits. This policy has the affect of increasing government debt while slowing down growth, because workers choose to no fill for new jobs.
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